Bitcoin Price Reclaims $64,000 as Wall Street Calls It an Accumulation Phase

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The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Bitcoin pushed back above $64,000 while VanEck, BlackRock and Winklevoss all pointed to accumulation. Here is what $10,000 is worth if BTC hits $100,000.Bitcoin spent most of the summer trapped in a narrow band, and for weeks the market treated every push toward $65,000 as another chance to sell. This week the tone shifted. BTC crossed back above $64,000 and briefly tagged $65,000 intraday for the first time in over a week, and it did so on a session where US equity ETFs were red. That relative strength is small on its own. What makes it interesting is the pile of institutional commentary that landed on exactly the same day.Bitcoin price in USD over the past weekHow did Bitcoin push back above $64,000?$Bitcoin reclaimed $64,000 because buyers defended the $62,277 range floor and momentum flipped just as regulatory and institutional headlines turned supportive.On the daily chart, BTC is trading around $64,331 after opening at $64,686 and dipping to $64,113. The move is modest in ...

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